Myanmar Policy Rate

1986 - 2024 | Yearly | % pa | Ministry of Planning and Finance

Key information about Myanmar Policy Rate

  • Myanmar cash rate (Policy Rate: Annual: Month End: Central Bank Rate) was set at 7.00 % pa in Mar 2024, compared with 7.00 % pa in the previous Mar 2023.
  • Myanmar Policy Rate averaged 10.00 % pa and is updated yearly, available from Mar 1986 to Mar 2024.
  • The data reached an all-time high of 12.50 % pa in Mar 1996 and a record low of 4.00 % pa in Mar 1986.




Related information about Myanmar Policy Rate

  • In the latest reports, Myanmar Treasury Bill Rate: Annual: 3 Month was reported at 4.00 % pa in Mar 2023.
  • Its Long Term Interest Rate (Treasury Bond Rate: Annual: 5 Year) was reported at 9.50 % pa in Mar 2023.
  • Myanmar Exchange Rate against USD averaged 2,100.00 (USD/MMK) in Jun 2023.

View Myanmar's Policy Rate from 1986 to 2024 in the chart:

Myanmar Policy Rate

What was Myanmar's Policy Rate in 2024?

Myanmar cash rate (Policy Rate: Annual: Month End: Central Bank Rate) was set at 7.00 % pa in Mar 2024, compared with 7.00 % pa in the previous Mar 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
7.00 2024 7.00 2023 4.00 1986 12.50 1996 % pa yearly 1986 - 2024

Policy Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 3.00 Jul 2024 monthly Jan 2000 - Jul 2024
Algeria (% pa) 3.00 Jul 2024 monthly Jan 1963 - Jul 2024
Argentina (%) 39.41 Sep 2024 monthly Aug 1985 - Sep 2024
Armenia (% pa) 7.50 Sep 2024 monthly May 2001 - Sep 2024
Australia (% pa) 4.35 Sep 2024 monthly Aug 1990 - Sep 2024
Austria (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Azerbaijan (% pa) 7.25 Sep 2024 monthly Jan 2005 - Sep 2024
Bahrain (% pa) 5.75 Sep 2024 monthly Jan 2007 - Sep 2024
Bangladesh (% pa) 9.50 Sep 2024 monthly Sep 2009 - Sep 2024
Belarus (% pa) 9.50 Jul 2024 monthly Jul 1991 - Jul 2024
Belgium (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Bolivia (% pa) 3.02 Sep 2024 monthly Jan 2013 - Sep 2024
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 10.75 Sep 2024 monthly Mar 1999 - Sep 2024
Bulgaria (% pa) 3.43 Oct 2024 monthly Feb 1991 - Oct 2024
Canada (% pa) 4.25 Sep 2024 monthly Dec 1992 - Sep 2024
Chile (% pa) 5.50 Sep 2024 monthly May 1995 - Sep 2024
China (% pa) 2.65 Jun 2023 monthly Jan 2016 - Jun 2023
Colombia (% pa) 10.75 Sep 2024 monthly Apr 1995 - Sep 2024
Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Czech Republic (% pa) 3.25 Sep 2024 monthly Jan 1993 - Sep 2024
Denmark (% pa) 3.10 Sep 2024 monthly Aug 1914 - Sep 2024
Ecuador (% pa) 11.68 Sep 2024 monthly Jul 1995 - Sep 2024
Egypt (% pa) 27.75 Sep 2024 monthly Jan 1991 - Sep 2024
Estonia (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
European Union (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Finland (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
France (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Georgia (% pa) 8.00 Sep 2024 monthly Jan 2008 - Sep 2024
Germany (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
Greece (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Hong Kong SAR, China (% pa) 5.25 Sep 2024 monthly Jun 1992 - Sep 2024
Hungary (% pa) 6.50 Sep 2024 monthly Oct 1990 - Sep 2024
Iceland (% pa) 10.00 Sep 2024 monthly Jan 1994 - Sep 2024
India (% pa) 6.50 Sep 2024 monthly Apr 2001 - Sep 2024
Indonesia (% pa) 6.00 Sep 2024 monthly Jun 2015 - Sep 2024
Ireland (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Israel (% pa) 4.50 Sep 2024 monthly Dec 1998 - Sep 2024
Italy (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
Japan (% pa) -0.10 Jun 2023 monthly Nov 2008 - Jun 2023
Jordan (% pa) 8.00 Sep 2024 monthly Dec 1965 - Sep 2024
Kazakhstan (% pa) 14.25 Sep 2024 monthly Feb 1992 - Sep 2024
Kenya (% pa) 12.75 Sep 2024 monthly Jul 2003 - Sep 2024
South Korea (% pa) 3.50 Sep 2024 monthly May 1999 - Sep 2024
Kosovo (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Kuwait (% pa) 4.00 Sep 2024 monthly Jul 1999 - Sep 2024
Kyrgyzstan (% pa) 9.00 Sep 2024 monthly Jan 1999 - Sep 2024
Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
Latvia (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
Lithuania (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Luxembourg (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Macau SAR, China (% pa) 5.25 Sep 2024 monthly Dec 1999 - Sep 2024
North Macedonia (% pa) 6.05 Sep 2024 monthly Jan 2002 - Sep 2024
Malawi (% pa) 26.00 Sep 2024 monthly Jan 1980 - Sep 2024
Malaysia (% pa) 3.00 Sep 2024 monthly Apr 2004 - Sep 2024
Malta (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Mauritius (% pa) 4.00 Sep 2024 monthly Dec 1999 - Sep 2024
Mexico (% pa) 10.50 Sep 2024 monthly Jan 2008 - Sep 2024
Moldova (% pa) 3.60 Sep 2024 monthly Feb 2001 - Sep 2024
Mongolia (% pa) 10.00 Sep 2024 monthly Jul 2007 - Sep 2024
Montenegro (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Morocco (% pa) 2.75 Sep 2024 monthly Jun 1995 - Sep 2024
Myanmar (% pa) 7.00 2024 yearly 1986 - 2024
Nepal (% pa) 6.50 Sep 2024 monthly Jul 2003 - Sep 2024
Netherlands (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
New Zealand (% pa) 5.50 May 2023 monthly Mar 1999 - May 2023
Nigeria (% pa) 27.25 Sep 2024 monthly Dec 2006 - Sep 2024
Norway (% pa) 4.50 Aug 2024 monthly Jan 1991 - Aug 2024
Oman (% pa) 5.50 Oct 2024 monthly May 2007 - Oct 2024
Pakistan (% pa) 18.50 Sep 2024 monthly Feb 1992 - Sep 2024
Paraguay (% pa) 6.00 Sep 2024 monthly Jul 2010 - Sep 2024
Peru (% pa) 5.25 Sep 2024 monthly Sep 2003 - Sep 2024
Philippines (% pa) 7.00 May 2024 monthly Jun 2016 - May 2024
Poland (% pa) 5.75 Oct 2024 monthly Jan 2005 - Oct 2024
Portugal (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Qatar (% pa) 5.70 Sep 2024 monthly Mar 2003 - Sep 2024
Romania (% pa) 6.50 Sep 2024 monthly Jan 2003 - Sep 2024
Russia (% pa) 19.00 Sep 2024 monthly Sep 2013 - Sep 2024
Saudi Arabia (% pa) 5.50 Sep 2024 monthly Jan 2000 - Sep 2024
Serbia (% pa) 6.00 Aug 2024 monthly Jan 2001 - Aug 2024
Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
Slovakia (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Slovenia (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
South Africa (% pa) 8.00 Sep 2024 monthly Nov 1999 - Sep 2024
Spain (% pa) 3.65 Sep 2024 monthly Jan 1999 - Sep 2024
Sri Lanka (% pa) 8.25 Sep 2024 monthly Jan 1997 - Sep 2024
Sweden (% pa) 3.50 Sep 2024 monthly Jan 1987 - Sep 2024
Switzerland (% pa) 1.21 Sep 2024 monthly Jun 1999 - Sep 2024
Syria (% pa) 5.00 Sep 2024 monthly Jan 1962 - Sep 2024
Taiwan (% pa) 2.00 Sep 2024 monthly Jul 1961 - Sep 2024
Tajikistan (% pa) 9.00 Sep 2024 monthly Jun 1995 - Sep 2024
Thailand (% pa) 2.50 Sep 2024 monthly May 2000 - Sep 2024
Tunisia (% pa) 8.00 Sep 2024 monthly Jan 2000 - Sep 2024
Turkey (% pa) 50.00 Sep 2024 monthly Jun 1996 - Sep 2024
Ukraine (% pa) 13.00 Sep 2024 monthly Dec 1992 - Sep 2024
United Arab Emirates (% pa) 4.90 Sep 2024 monthly Nov 2007 - Sep 2024

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Myanmar Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.6 2021 yearly 1986 - 2021
Consolidated Fiscal Balance (USD mn) -5,489.382 2021 yearly 1980 - 2021
Tax Revenue (USD mn) 365.783 Jul 2022 monthly Apr 2012 - Jul 2022
Tax Revenue: % of GDP (%) 4.4 2021 yearly 2005 - 2021
Forecast: Government Expenditure (MMK bn) 56,281.157 2029 yearly 1998 - 2029
Forecast: Government Net Debt (MMK bn) 145,688.721 2029 yearly 1998 - 2029
Forecast: Government Revenue (MMK bn) 45,040.749 2029 yearly 1998 - 2029
Budget: Government Deficit/Surplus (MMK mn) -146,546.820 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: Revenue (MMK mn) 5,568,882.992 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: Expense (EX) (MMK mn) 4,600,451.804 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: TR: PPC: Specific Goods Tax (MMK mn) 322,718.704 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: TR: Tax on Income and Profit (MMK mn) 874,593.923 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: TR: PPC: Excise duty (MMK mn) 237.313 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: Total Revenue (MMK mn) 5,811,577.184 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: Net Capital Expenditure (NEX) (MMK mn) 1,185,800.235 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: Total Expenditure (MMK mn) 5,958,124.004 Dec 2023 quarterly Dec 2018 - Dec 2023
Budget: Net Borrowing/ Net Lending (MMK mn) -217,369.047 Dec 2023 quarterly Dec 2018 - Dec 2023
State Budget: Expenditure (MMK mn) 25,692,973.000 2021 yearly 2019 - 2021
State Budget: Surplus of Deficit (MMK mn) -8,181,794.910 2021 yearly 2019 - 2021
State Budget: Revenue (MMK mn) 17,511,178.090 2021 yearly 2019 - 2021
State Govt Revenue: Tax: Income (MMK mn) 332,258.000 Jul 2022 monthly Jan 2005 - Jul 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.759 2028 yearly 1999 - 2028
Trade Balance (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Total Exports (USD mn) 1,497.8 Jul 2022 monthly Jul 2010 - Jul 2022
Total Exports Growth (%) 42.9 Jul 2022 monthly Jul 2011 - Jul 2022
Aluminum: Exports (USD th) 24,879.741 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 50.074 2022 yearly 1996 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 0.172 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,313.9 Jul 2022 monthly Jul 2010 - Jul 2022
Total Imports Growth (%) 38.4 Jul 2022 monthly Jul 2011 - Jul 2022
Imports: Medicament (USD th) 467,037.680 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 145,193.038 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 68.860 Jul 2022 monthly Aug 2010 - Jul 2022
Total Imports from USA (USD mn) 7.630 Jul 2022 monthly Jul 2010 - Jul 2022
Total Exports to China (USD mn) 267.080 Jul 2022 monthly Jul 2010 - Jul 2022
Total Imports from China (USD mn) 363.850 Jul 2022 monthly Jul 2010 - Jul 2022
Re Exports (USD mn) 790.600 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Plastic (USD mn) 53.200 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Matpe (USD mn) 26.100 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Teak Log (USD mn) 0.400 Mar 2015 monthly Jan 2011 - Mar 2015
Exports: Fish & Fish Products (USD mn) 40.500 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Machinery Non-Electric & Transport Equipment (USD mn) 68.900 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Gas (USD mn) 356.100 Jul 2022 monthly Aug 2010 - Jul 2022
Exports: Sesamum Seeds (USD mn) 12.900 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Fabric of Artificial & Synthetics Fabric (USD mn) 100.700 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Refined Mineral Oil (USD mn) 434.400 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Edible Vegetable Oil & Other Hydrogenated Oils (USD mn) 70.600 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Thailand (USD mn) 165.050 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: India (USD mn) 42.000 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: China (USD mn) 267.080 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: China (USD mn) 363.850 Jul 2022 monthly Jul 2010 - Jul 2022
Export Volume Index (2015=100) 80.286 2021 yearly 1981 - 2021
Import Volume Index (2015=100) 65.280 2021 yearly 1981 - 2021
Export Value Index (2015=100) 132.515 2021 yearly 1980 - 2021
Import Value Index (2015=100) 84.821 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) -735.6 Dec 2023 quarterly Mar 1976 - Dec 2023
Foreign Direct Investment (USD mn) 246.3 Dec 2023 quarterly Mar 1976 - Dec 2023
Foreign Direct Investment: % of GDP (%) 0.6 Sep 2021 quarterly Dec 2017 - Sep 2021
External Debt (USD mn) 12,537.5 2022 yearly 1970 - 2022
External Debt: % of GDP (%) 16.7 2020 yearly 2018 - 2020
External Debt: Short Term (USD mn) 31.8 2022 yearly 1973 - 2022
External Debt: Short Term: % of GDP (%) 0.1 2020 yearly 2018 - 2020
Forecast: Current Account Balance (USD bn) -1.384 2028 yearly 1998 - 2028
Net International Investment Position (USD mn) -35,240.992 Sep 2020 quarterly Mar 1999 - Sep 2020
BoP: CA: Exports (f.o.b) (USD mn) 1,974.000 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Imports (f.o.b) (USD mn) 2,770.400 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Services: Net (USD mn) 132.900 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Services: Payments (USD mn) 394.300 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Services: Receipts (USD mn) 527.300 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Primary Income: Net (USD mn) -348.800 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Primary Income: Receipts (USD mn) 421.300 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Primary Income: Payments (USD mn) 770.100 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Secondary Income: Net (USD mn) 276.700 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Secondary Income: Receipts (USD mn) 385.800 Dec 2023 quarterly Mar 2014 - Dec 2023
Balance of Payment(BoP): Current Account (CA) (USD mn) -735.600 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: CA: Secondary Income: Payments (USD mn) 109.100 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Capital Account: Net (USD mn) 0.000 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Capital Account: Receipts (USD mn) 0.000 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Capital Account: Payments (USD mn) 0.000 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Financial Account (USD mn) -208.100 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Net Errors and Omissions (USD mn) 388.000 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Financial Account: Assets (USD mn) 71.700 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Financial Account: Liabilities (USD mn) 279.800 Dec 2023 quarterly Mar 2014 - Dec 2023
BoP: Financial Account: Liabilities: Direct Investments (USD mn) 246.300 Dec 2023 quarterly Mar 2014 - Dec 2023
FDI: PE: Value: Oil & Gas (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
FDI: PE: Value: Hong Kong (USD mn) 58.630 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Mining (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
FDI: PE: Value: Power (USD mn) 702.400 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Japan (USD mn) 3.100 May 2022 monthly Feb 2004 - May 2022
FDI: PE: Value: Singapore (USD mn) 1,086.470 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Manufacturing (USD mn) 89.520 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value (USD mn) 1,198.530 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: South Korea (USD mn) 2.800 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: China (USD mn) 44.590 Jul 2022 monthly Feb 2004 - Jul 2022
Monetary Last Frequency Range
Money Supply M1 (USD mn) 21,522.879 Dec 2023 monthly Apr 2012 - Dec 2023
Money Supply M2 (USD mn) 56,858.041 Jan 2021 monthly Apr 2012 - Jan 2021
M2 Growth (%) 14.0 Dec 2023 quarterly Dec 2002 - Dec 2023
Reserve Requirement Ratio (%) 3.8 Sep 2024 monthly May 2011 - Sep 2024
Foreign Exchange Reserves (USD mn) 8,473.8 Mar 2024 quarterly Dec 1950 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 5.2 Jun 2022 quarterly Sep 2010 - Jun 2022
Gold Reserves (USD mn) 521.110 Mar 2024 monthly Dec 1950 - Mar 2024
Total Deposits (USD mn) 63,663.584 2023 yearly 1960 - 2023
Domestic Credit (USD mn) 45,836.4 Jan 2021 monthly Apr 2012 - Jan 2021
Domestic Credit Growth (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Private Debt: % of Nominal GDP (%) 28.98 2020 yearly 1960 - 2020
Reserve Requirement Rate: MMK (%) 3.750 Sep 2024 monthly May 2011 - Sep 2024
Money Stock: M2 (MMK mn) 92,577,541.110 Dec 2023 quarterly Jun 2013 - Dec 2023
Money Stock: Total Deposits (MMK mn) 56,582,016.630 Dec 2023 quarterly Jun 2013 - Dec 2023
Money Stock: YoY Growth: M2 (MMK mn) 14.030 Dec 2023 quarterly Jun 2013 - Dec 2023
Money Stock: YoY Growth: Total Deposits (MMK mn) 12.130 Dec 2023 quarterly Jun 2013 - Dec 2023
Money Stock: M0 (MMK mn) 45,529,169.630 Dec 2023 quarterly Jun 2013 - Dec 2023
Money Stock: M1 (MMK mn) 45,198,045.740 Dec 2023 quarterly Jun 2013 - Dec 2023

More Indicators for Myanmar

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